Pennville, IN is a small town located in Jay County with a population of 864 according to the 2019 census. Despite its size, Pennville is ranked highly on BestPlaces.net for its low cost of living, high median income, and excellent education system. The cost of living index for Pennville is an impressive 82 out of 100, an indication that it is relatively inexpensive to live in compared to other parts of the country. Additionally, the median household income here is $47,448 per year which is higher than the average for Indiana and most surrounding states. Finally, Pennville has earned a score of 7 out of 10 from BestPlaces when it comes to its education ratings. This indicates that residents have access to quality schools and educational opportunities in the area. All these rankings make Pennville one of the best places to live in Indiana for those looking for a small town lifestyle with affordability and quality amenities.
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